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The Mozambican Metical recovered a few cents against the US dollar for the second consecutive week, according to central bank average exchange rates, followed by Lusa.
The US dollar is the currency used to calculate the reference exchange rates for other currencies in Mozambique and the appreciation took place in a shorter week (due to the Good Friday special holiday).
During the last week, the US currency was bought in the country at 61.16 meticais, 27 cents of the metical cheaper than in the previous week.
The sale was made at 62.36 meticais per dollar, 28 cents of the metical less.
The daily average purchase price of the US dollar ranged between 61.03 and 61.31 meticais, while the sale price ranged between 62.22 and 62.51 meticais.
Meanwhile, the Euro was bought on average in the last week at 75.71 meticais, 10 cents of the metical more expensive than in the previous week.
The sale was made at 77.20 meticais per Euro, nine cents more expensive.
The daily average purchase price of the Euro ranged between 75.16 and 76.01 meticais, while the asking price ranged between 76.62 and 77.52 meticais.
Metical average reference exchange rates against the Euro
Euro ….. buy …..sale
30 / mar (holiday)
29 / mar ….. 75.16 ….. 76.62
28 / mar ….. 75.67 ….. 77.18
27 / mar ….. 76.01 ….. 77.52
26 / mar ….. 75.99 ….. 77.48
Average ….. 75.71 ….. 77.20
Metical average exchange rates against the US dollar
Dollar ….. buy ….. sale
30 / mar (holiday)
29 / mar ….. 61.03 ….. 62.22
28 / mar ….. 61.09 ….. 62.3
27 / mar ….. 61.2 ….. 62.42
26 / mar ….. 61.31 ….. 62.51
Average ….. 61.16 ….. 62.36
Source: Banco de Moçambique
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